Loading...

Falanx Group

AIM:FLX
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FLX
AIM
£10M
Market Cap
  1. Home
  2. GB
  3. Commercial Services
Company description

Falanx Group Limited, through its subsidiaries, provides cyber defense and intelligence services to blue chip and government clients worldwide. The last earnings update was 190 days ago. More info.


Add to Portfolio Compare Print
FLX Share Price and Events
7 Day Returns
-6.8%
AIM:FLX
2.9%
GB Professional Services
1%
GB Market
1 Year Returns
-52.5%
AIM:FLX
10.2%
GB Professional Services
-6.3%
GB Market
FLX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Falanx Group (FLX) -6.8% -14.3% 0% -52.5% -41.8% -94.1%
GB Professional Services 2.9% 4% 8.2% 10.2% 50.9% 84.7%
GB Market 1% -1.8% 1.5% -6.3% 14.4% 2%
1 Year Return vs Industry and Market
  • FLX underperformed the Professional Services industry which returned 10.2% over the past year.
  • FLX underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -6.3% over the past year.
Price Volatility
FLX
Industry
5yr Volatility vs Market

Value

 Is Falanx Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Falanx Group. This is due to cash flow or dividend data being unavailable. The share price is £0.024.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Falanx Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Falanx Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:FLX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in GBP £-0.01
AIM:FLX Share Price ** AIM (2019-05-22) in GBP £0.02
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PE Ratio Median Figure of 33 Publicly-Listed Professional Services Companies 18.89x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 788 Publicly-Listed Companies 16.35x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Falanx Group.

AIM:FLX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:FLX Share Price ÷ EPS (both in GBP)

= 0.02 ÷ -0.01

-2.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Falanx Group is loss making, we can't compare its value to the GB Professional Services industry average.
  • Falanx Group is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Falanx Group's expected growth come at a high price?
Raw Data
AIM:FLX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Professional Services Companies 1.7x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 574 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Falanx Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Falanx Group's assets?
Raw Data
AIM:FLX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in GBP £0.02
AIM:FLX Share Price * AIM (2019-05-22) in GBP £0.02
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PB Ratio Median Figure of 44 Publicly-Listed Professional Services Companies 2.88x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,369 Publicly-Listed Companies 1.51x
AIM:FLX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:FLX Share Price ÷ Book Value per Share (both in GBP)

= 0.02 ÷ 0.02

1.59x

* Primary Listing of Falanx Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Falanx Group is good value based on assets compared to the GB Professional Services industry average.
X
Value checks
We assess Falanx Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. Falanx Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Falanx Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Falanx Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.5%
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Falanx Group expected to grow at an attractive rate?
  • Unable to compare Falanx Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Falanx Group's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Falanx Group's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:FLX Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 10.5%
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:FLX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:FLX Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
AIM:FLX Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-09-30 4 -2 -2
2018-06-30 3 -2 -3
2018-03-31 3 -2 -3
2017-12-31 3 -2 -2
2017-09-30 3 -2 -2
2017-06-30 3 -2 -2
2017-03-31 3 -1 -2
2016-12-31 2 -1 -2
2016-09-30 2 -1 -2
2016-06-30 2 -1 -2
2016-03-31 2 -2 -3
2015-12-31 2 -2 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Falanx Group is high growth as no earnings estimate data is available.
  • Unable to determine if Falanx Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:FLX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Falanx Group Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:FLX Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
AIM:FLX Past Financials Data
Date (Data in GBP Millions) EPS *
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.02
2016-12-31 -0.02
2016-09-30 -0.02
2016-06-30 -0.03
2016-03-31 -0.04
2015-12-31 -0.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Falanx Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of FLX’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Falanx Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Falanx Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Falanx Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Falanx Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Falanx Group performed over the past 5 years?

  • Falanx Group's last earnings update was 190 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Falanx Group's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Falanx Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Falanx Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Falanx Group's 1-year growth to the GB Professional Services industry average as it is not currently profitable.
Earnings and Revenue History
Falanx Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Falanx Group Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:FLX Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 3.76 -2.48 2.88
2018-06-30 3.39 -2.50 2.74
2018-03-31 3.02 -2.52 2.61
2017-12-31 3.00 -2.25 2.54 0.03
2017-09-30 2.98 -1.98 2.32 0.06
2017-06-30 2.86 -1.84 2.02 0.06
2017-03-31 2.74 -1.70 1.72 0.06
2016-12-31 2.49 -1.88 1.85 0.03
2016-09-30 2.24 -2.05 1.98
2016-06-30 2.03 -2.34 2.28
2016-03-31 1.82 -2.63 2.58
2015-12-31 1.78 -2.83 2.57
2015-09-30 1.74 -3.02 2.56
2015-06-30 1.83 -2.72 2.39
2015-03-31 1.92 -2.42 2.22
2014-12-31 2.57 -1.61 1.73
2014-09-30 3.22 -0.79 1.24
2014-06-30 3.83 -0.42 1.32
2014-03-31 4.44 -0.04 1.40
2013-03-31 0.23 0.14

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Falanx Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Falanx Group has efficiently used its assets last year compared to the GB Professional Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Falanx Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Falanx Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Falanx Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Falanx Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Falanx Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Falanx Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Falanx Group has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Falanx Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Falanx Group has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Falanx Group Company Filings, last reported 7 months ago.

AIM:FLX Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 3.94 0.00 0.07
2018-06-30 3.94 0.00 0.07
2018-03-31 4.85 0.00 0.91
2017-12-31 4.85 0.00 0.91
2017-09-30 1.92 0.00 1.03
2017-06-30 1.92 0.00 1.03
2017-03-31 0.80 0.00 0.43
2016-12-31 0.80 0.00 0.43
2016-09-30 1.00 0.00 0.83
2016-06-30 1.00 0.00 0.83
2016-03-31 0.44 0.00 0.43
2015-12-31 0.44 0.00 0.43
2015-09-30 1.69 0.00 1.21
2015-06-30 1.69 0.00 1.21
2015-03-31 0.54 0.00 0.43
2014-12-31 0.54 0.00 0.43
2014-09-30 1.89 0.00 1.32
2014-06-30 1.89 0.00 1.32
2014-03-31 0.60 0.00 0.21
2013-03-31 0.23 0.00 0.12
  • Falanx Group has no debt.
  • Falanx Group has not taken on any debt in the past 5 years.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Falanx Group has less than a year of cash runway based on current free cash flow.
  • Falanx Group has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.1% each year.
X
Financial health checks
We assess Falanx Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Falanx Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Falanx Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Falanx Group dividends.
If you bought £2,000 of Falanx Group shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Falanx Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Falanx Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:FLX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 2.2%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:FLX Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Falanx Group has not reported any payouts.
  • Unable to verify if Falanx Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Falanx Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Falanx Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Falanx Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Falanx Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Falanx Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Falanx Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mike Read
COMPENSATION £45,000
AGE 70
TENURE AS CEO 1.5 years
CEO Bio

Mr. Michael D. Read, also known as Mike, has been President and Chief Operating Officer of OneMain.com, Inc. since May 1999. Mr. Read has been Chief Executive Officer of Falanx Group Limited since November 2017. He served as the Chief Executive Officer of FREEDOM4 Group plc since September 9, 2003 and also served as its Managing Director. Mr. Read served as Chief Executive Officer of Daisy Group plc until December 7, 2009. He has experience in the communications and Internet industry. He started his career in British Telecom where he gained considerable experience in international activities including: product management, product development, engineering and planning, marketing and advertising. Mr. Read spent from August 1964 to January 1997 at British Telecom, holding several positions including Onemain Com Inc.'s chief of global engineering. At British Telecom, Mr. Read also served as Senior Vice President of network services in Concert Communications, the global alliance between British Telecom and MCI. He later returned to the U.K. to become Chief of Global Engineering, which covered all engineering aspects of BT worldwide (with the exception of the U.K.). During the initial `launch phase' of the Internet He left BT and joined ANS in the U.S.A. From January 1997 to May 1998, Mr. Read served as a senior executive at ANS Communications, an America Online company. His responsibilities covered sales, marketing, product management and business development. From May 1998 to May 1999, Mr. Read moved to Florida to become Chief Executive Officer of Pacer International. He was headhunted out of Pacer to run as President and Chief Operating Officer of a consumer ISP `roll up' in the U.S.A. called One Main. He served as Chairman of Falanx Group Limited since February 2, 2016 until March 28, 2019 and serves as it’s Executive Director since 13 November 2017. Mr. Read has been a Director of PlusServer GmbH since June 2004 and OneMain.com, Inc. since February 4, 2000. He serves as a Director of IntY Limited, NZKL Limited and The Secret Footballer. He serves as a Director of Monnet Limited and Member of Advisory Board at Quester Venture Partnership, L.P. He has been a Non-Executive Director at Nasstar plc since January 10, 2014. He served as a Director of FREEDOM4 Group plc/Freedom4 Limited since September 9, 2003. He served as a Director of Voxsurf Limited, GX Networks Services Limited, GX Networks U.K. Limited, GX Networks Three Limited, GX Networks Four Limited, GX Networks Six Limited, GX Networks Nine Limited, GX Networks Ten Limited, GX Networks Eleven Limited, GX Networks Twelve Limited, GX Networks Thirteen Limited, Cyberpress Limited, Cyberpress Software Limited, Digital Communities Limited, Drive Memory Limited, Eurogold Internet Limited, Faultbasic Limited, Freedomainname Limited, Global On-Line Limited, Globalhost Limited, GXN Limited, Internet Technology Group (Europe) Limited, Internet Technology Group plc, Premier Internet Limited, MPie Limited, Total Internet Limited and Xara Networks Limited. He served as a Director of BNS Mobile Limited, Clevercoms Limited, Cloudified Limited, Freedom4 Access Limited, MDR Business Solutions Limited, Thrive Telecom Limited and Xrio Limited. He served as a Member of Advisory Board at Danger, Inc. Mr. Read served as a Director of Daisy Group plc until December 7, 2009. He served as a Non-Executive Director of Ovum Ltd. from March 30, 2006 to December 8, 2006 and a Director at PIPEX Communications Hosting Ltd. since June 2004.

CEO Compensation
  • Mike's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Mike's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Falanx Group management team in years:

1.5
Average Tenure
51
Average Age
  • The average tenure for the Falanx Group management team is less than 2 years, this suggests a new team.
Management Team

Mike Read

TITLE
CEO & Director
COMPENSATION
£45K
AGE
70
TENURE
1.5 yrs

John Blamire

TITLE
Founder
COMPENSATION
£140K
AGE
42

Ian Selby

TITLE
CFO & Executive Director
COMPENSATION
£148K
AGE
51
TENURE
1.3 yrs

Dick Morrell

TITLE
Group Chief Technology Officer
TENURE
1.7 yrs

Rick Flood

TITLE
Chief Marketing Officer
TENURE
1.3 yrs

Charles Hollis

TITLE
Managing Director
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the Falanx Group board of directors in years:

3.3
Average Tenure
51
Average Age
  • The tenure for the Falanx Group board of directors is about average.
Board of Directors

Alex Hambro

TITLE
Non-Executive Chairman
AGE
56
TENURE
0.2 yrs

Mike Read

TITLE
CEO & Director
COMPENSATION
£45K
AGE
70
TENURE
3.3 yrs

John Blamire

TITLE
Founder
COMPENSATION
£140K
AGE
42
TENURE
6.8 yrs

Ian Selby

TITLE
CFO & Executive Director
COMPENSATION
£148K
AGE
51
TENURE
1.3 yrs

Emma Shaw

TITLE
Non-Executive Director
COMPENSATION
£40K
AGE
49
TENURE
6.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
18. Feb 19 Buy Ian Selby Individual 18. Feb 19 18. Feb 19 170,612 £0.02 £4,000
18. Feb 19 Buy Michael Read Individual 15. Feb 19 15. Feb 19 400,000 £0.02 £9,800
21. Dec 18 Buy Michael Read Individual 19. Dec 18 20. Dec 18 525,000 £0.03 £15,375
21. Dec 18 Buy Ian Selby Individual 20. Dec 18 20. Dec 18 172,069 £0.03 £4,990
15. Aug 18 Buy Michael Read Individual 14. Aug 18 14. Aug 18 235,000 £0.04 £9,982
15. Aug 18 Buy Ian Selby Individual 14. Aug 18 14. Aug 18 60,000 £0.04 £2,601
X
Management checks
We assess Falanx Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Falanx Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Who Owns Falanx Group Limited (LON:FLX)?

I am going to take a deep dive into Falanx Group Limited’s (LON:FLX) most recent ownership structure, not a frequent subject of discussion among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … Therefore, it is beneficial for us to examine FLX's ownership structure in more detail.

Simply Wall St -

Should You Be Holding Falanx Group Limited (LON:FLX) Right Now?

For Falanx Group Limited’s (LON:FLX) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. … The first type is company-specific risk, which can be diversified away by investing in other companies to reduce exposure to one particular stock. … The second risk is market-wide, which arises from investing in the stock market.

Simply Wall St -

Is Falanx Group Limited's (LON:FLX) Balance Sheet Strong Enough To Weather A Storm?

The direct benefit for Falanx Group Limited (LON:FLX), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is FLX will have to adhere to stricter debt covenants and have less financial flexibility. … Is financial flexibility worth the lower cost of capital

Simply Wall St -

Did Falanx Group Limited's (LON:FLX) Recent Earnings Growth Beat The Trend?

When Falanx Group Limited (AIM:FLX) released its most recent earnings update (30 September 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Check out our latest analysis for Falanx Group How Did FLX's Recent Performance Stack Up Against Its Past? … I look at data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data.

Simply Wall St -

Before You Invest In Falanx Group Limited (LON:FLX), Consider This

The single most important question to ask when you’re investing in a loss-making company is – will they need to raise cash again, and if so, when? … Check out our latest analysis for Falanx Group What is cash burn? … My cash burn analysis suggests that, if Falanx Group continues to spend its cash reserves at this current high rate, it’ll have to raise capital within the next 5 months, which may be a surprise to some shareholders.

Simply Wall St -

Who Owns Most Of Falanx Group Limited (LON:FLX)?

I am going to take a deep dive into Falanx Group Limited’s (AIM:FLX) most recent ownership structure, not a frequent subject of discussion among individual investors. … Check out our latest analysis for Falanx Group AIM:FLX Ownership_summary Mar 16th 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: With a low level of institutional ownership, investors in FLX need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

Was Falanx Group Limited's (LON:FLX) Earnings Growth Better Than The Industry's?

Today I will take you through a basic sense check to gain perspective on how Falanx Group is doing by evaluating its latest earnings with its longer term trend as well as its industry peers' performance over the same period. … See our latest analysis for Falanx Group How Did FLX's Recent Performance Stack Up Against Its Past? … AIM:FLX Income Statement Mar 7th 18 We can further evaluate Falanx Group's loss by looking at what the industry has been experiencing over the past few years.

Simply Wall St -

At £0.045, Is It Time To Buy Falanx Group Limited (LON:FLX)?

The stock’s ratio of 3.54x is currently trading slightly above its industry peers’ ratio of 1.81x, which means if you buy Falanx Group today, you’d be paying a relatively fair price for it. … And if you believe Falanx Group should be trading in this range, then there isn’t really any room for the share price grow beyond what it’s currently trading. … It seems like the market has already priced in Falanx Group’s positive outlook, with shares trading around its fair value.

Simply Wall St -

Is Now The Right Time To Invest In Service And Falanx Group Limited (AIM:FLX)?

AIM:FLX PE PEG Gauge Nov 8th 17 Professional services companies are typically trading at a PE of 17x, relatively similar to the rest of the UK stock market PE of 19x. … However, if you’re relatively concentrated in professional services, you may want to value FLX based on its cash flows to determine if it is overpriced based on its current growth outlook. … If FLX has been on your watchlist for a while, now may be the time to enter into the stock, if you like its ability to deliver growth and are not highly concentrated in the professional services industry.

Simply Wall St -

Is It The Right Time To Buy Falanx Group Limited (AIM:FLX)?

Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … FLX’s optimistic future growth appears to have been factored into the current share price, with shares trading above its fair value. … If you are no longer interested in Falanx Group, you can use our free platform to see my list of over 50 other stocks with a high growth potential.

Simply Wall St -

Company Info

Description

Falanx Group Limited, through its subsidiaries, provides cyber defense and intelligence services to blue chip and government clients worldwide. It operates through Falanx Cyber Defence and Falanx Intelligence divisions. The Falanx Cyber Defence division provides cloud-based cyber defense services to government and commercial organizations. The Falanx Intelligence division offers political and security risk, and business intelligence services under the Falanx Assynt name. The company develops software for telecommunications, security, and data analytics; and offers management consultancy services, as well as provides risk assessment and investigation services. Falanx Group Limited was incorporated in 2012 and is based in London, the United Kingdom.

Details
Name: Falanx Group Limited
FLX
Exchange: AIM
Founded: 2012
£9,609,628
400,401,186
Website: http://www.falanx.com
Address: Falanx Group Limited
Five Kings House,
1 Queen Street Place,
London,
Greater London, EC4R 1QS,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM FLX Ordinary Shares London Stock Exchange AIM Market GB GBP 20. Jun 2013
Number of employees
Current staff
Staff numbers
62
Falanx Group employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 00:22
End of day share price update: 2019/05/22 00:00
Last estimates confirmation: 2018/08/14
Last earnings filing: 2018/11/14
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.